Northwest Natural Holding's Business Segments

Northwest Natural Holding Company is a publicly-traded multi-state energy company headquartered in Portland, Oregon, United States. The company’s primary subsidiaries, NW Natural Gas Company and NW Natural Water Company, provide natural gas and water distribution services respectively to communities across the Pacific Northwest.

NW Natural Gas Company is the company’s primary operating subsidiary, serving more than 2 million customers in Oregon and southwest Washington. The company owns and operates over 15,000 miles of natural gas pipelines, delivering natural gas to homes and businesses across its service area. NW Natural Gas also provides transportation and storage services, as well as gas supply procurement services to other natural gas utilities.

NW Natural Water Company, a subsidiary of Northwest Natural Holding Company, provides water distribution and wastewater treatment services to communities in Oregon and Washington. The company provides these services to over 37,000 customers, helping to ensure that clean, treated water is available for consumption and use.

In addition to its primary operations, Northwest Natural Holding Company has diversified into other business segments, including renewable energy and energy efficiency services. The company is committed to a sustainable energy future and advocates for the development and adoption of renewable energy sources.

Northwest Natural Holding Company's mission is to provide safe, reliable, sustainable, and affordable energy services to its customers while maintaining a focus on the environment and local communities. The company is recognized for its commitment to customer service, innovation, and social responsibility.

Overall, Northwest Natural Holding Company is a leading energy services provider in the Pacific Northwest, with a rich history and a strong commitment to meeting the needs of customers and communities around the region.

Northwest Natural Holding Company is a publicly traded energy enterprise focused on delivering natural gas services primarily throughout the Pacific Northwest. It operates two major segments: Utility and Gas Storage, positioning itself as a comprehensive provider of natural gas distribution and storage solutions. Each segment serves distinct customer needs while also contributing to the overall efficiency and sustainability of energy delivery in the region.

Utility Segment

The Utility segment is fundamental to Northwest Naturals operations, catering to over 740,000 residential, commercial, and industrial customers across Oregon and southwest Washington. The segment’s core offering is regulated natural gas distribution, underpinned by an extensive network of pipelines, transmission lines, and associated infrastructure that facilitates the transport and delivery of natural gas from supply sources directly to end-users.

Products and Services within the Utility Segment:

1. Residential Gas Services:
- Heating: Providing reliable natural gas for space heating in homes.
- Cooking: Natural gas services for stoves and ovens, allowing for efficient cooking methods.
- Water Heating: Solutions for heating water via gas water heaters, which are often more cost-effective than electric alternatives.
- Clothes Drying: Natural gas appliances for dryers, promoting energy efficiency and lower operational costs.

2. Commercial Gas Services:
- Heating Solutions: Tailored services for commercial spaces, ensuring comfort for businesses and customers.
- Hot Water Services: Supplying businesses with hot water solutions for kitchens, laundries, and other operations.
- Cooking Services: Natural gas solutions for restaurants and catering establishments, facilitating diverse food preparation techniques.

3. Industrial Gas Services:
- Manufacturing Processes: Delivering natural gas for various industrial applications, aiding in production efficiency.
- Steam Generation: Providing steam-producing services critical for certain manufacturing processes.
- Heating Solutions: Reliable heating services tailored for industrial facilities that demand high energy usage.

4. Transportation Services:
- This includes the provision of transportation solutions for natural gas producers and marketers, ensuring that natural gas can be efficiently moved from supply points to consumers.

5. Renewable Natural Gas (RNG) Services:
- NorthWest Natural is committed to sustainability through RNG, which is produced by capturing and purifying biogas from organic waste sources. This renewable gas is then injected into existing pipelines, allowing customers to utilize a greener energy source.

Gas Storage Segment

The Gas Storage segment complements the Utility business by offering underground natural gas storage solutions in Oregon and California. This segment plays a crucial role in ensuring supply reliability, particularly during peak demand periods when consumption exceeds the usual supply capabilities.

Products and Services within the Gas Storage Segment:

1. Natural Gas Storage:
- Northwest Natural provides dedicated storage services that allow customers to reserve natural gas for use during high-demand times. This is especially beneficial for those needing to manage fluctuating energy needs.

2. Park and Loan Services:
- These services enable customers to parkexcess natural gas in the company’s storage facilities during low-demand periods and loangas as needed, facilitating flexibility in gas management.

Conclusion

Northwest Natural Holding Company stands out in the Pacific Northwest as a preeminent provider of natural gas services through its dual-segment structure. The Utility segment ensures a comprehensive suite of services tailored to the needs of residential, commercial, and industrial clients. Additionally, the Gas Storage segment provides critical capabilities that enhance the reliability and efficiency of natural gas supply, especially during peak demands. The integration of renewable natural gas into its offerings further highlights Northwest Naturals commitment to promoting sustainability in energy consumption, positioning it as a forward-thinking leader in the natural gas industry.